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Does anyone have a software service they use to collect rents? We are currently using PayPal but would like to find something that will automatically charge their bank account or debit card. We would like to input r...
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I've read some stories and even spoken to a few people briefly who said they got their start in wholesaling through land instead of houses. This was kind of interesting to me, but I hadn't really looked into it too m...
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My partner and I are actively looking for our second property, a fix and flip. We've looked at and analyzed probably two dozen properties and, for the most part, we are comfortable with the estimating and analyzing p...
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Hello all,I've been looking into rehabbing a fixer-upper in my area. However, this one would not be to flip - it would be for me to live in. I've reached a point in my life where I know what I want out of a home - t...
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Can anyone provide any guidance on calculating the cash-on-cash for a BRRRR? If the property generates no cash flow until after the refinance, is it correct to use the 'Cash-out-Refi Amount' as essentially the cash i...
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I just sold my first fix and flip in December 2016. I had a private money investor on the deal (my dad). I'm trying to figure out how to report this on my tax return, and how he should report it as well.I owned it fo...
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Hey everyone. I'll try to shorten this as much as possible. I rent out two bedrooms in my home. When JR moved in he didn't have to share a bathroom and was paying 525/mnth with everything included except gas & ele...
My goals are to build a supplemental retirement income for my husband and I (we are a little bit behind) and to build an income producing career for myself so that my husband can pursue an alternative career and le...
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We’ve been working with a lender for about 6 months to finance my first home. We are in a unique situation as we are buying a home out of a rent to own agreement. The first 4-5 months I worked with an inexperienced lo...
Kwikset SmartKeys Vs. Regular LocksAs a locksmith I have used and repaired Kwikset SmartKey locks. Occasionally folks ask me which type of lock I recommend, SmartKey locks or "regular" locks. My honest answer is that...